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Maharlika Wealth Fund, the Glossary

Index Maharlika Wealth Fund

The Maharlika Wealth Fund (MWF), also known as the Maharlika Investment Fund (MIF), is a sovereign wealth fund for the Philippines which is managed by the Maharlika Investment Corporation (MIC).[1]

Table of Contents

  1. 75 relations: ABS-CBN News and Current Affairs, Albay, Albay's 1st congressional district, Alliance of Concerned Teachers, Arlene Brosas, Bagong Pilipinas (campaign), Bangko Sentral ng Pilipinas, Basilan, Basilan's at-large congressional district, Bayan Muna, Board of directors, Bongbong Marcos, BusinessWorld, Camarines Sur, Camarines Sur's 3rd congressional district, Carlos Isagani Zarate, CNN Philippines, Coco Levy Fund scam, Commodity market, Congress of the Philippines, Credit rating, Department of Finance (Philippines), Edcel Lagman, Eli Remolona, Ex officio member, Flag of the Philippines, France Castro, Gabriel Bordado, Gabriela Women's Party, GMA Integrated News, Governance Commission for GOCCs, Government budget balance, Government debt, Government of the Philippines, Government Service Insurance System, Governor of the Bangko Sentral ng Pilipinas, House of Representatives of the Philippines, Institute of Corporate Directors, Kabataan, Koko Pimentel, Korea Investment Corporation, Logo, Makati Business Club, Malacañang Palace, Manila Bulletin, Martin Romualdez, Mujiv Hataman, Nancy Binay, Neri Colmenares, Official Gazette (Philippines), ... Expand index (25 more) »

  2. 2023 in law
  3. 2023 in the Philippines
  4. Bongbong Marcos administration controversies
  5. Economy of the Philippines
  6. Philippine companies established in 2023
  7. Philippine legislation

ABS-CBN News and Current Affairs

ABS-CBN News and Current Affairs, known on-air as ABS-CBN News (formerly known as ABS-CBN News and Public Affairs), is the news and current affairs division of the Philippine media conglomerate ABS-CBN Corporation.

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Albay

Albay, officially the Province of Albay (Probinsya kan Albay; Lalawigan ng Albay), is a province in the Bicol Region of the Philippines, mostly on the southeastern part of the island of Luzon.

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Albay's 1st congressional district

Albay's 1st congressional district is one of the three congressional districts of the Philippines in the province of Albay.

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Alliance of Concerned Teachers

The Alliance of Concerned Teachers (ACT-Teachers) is a progressive national democratic mass organization of teachers, academics, and other education workers in the Philippines, established on June 26, 1982.

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Arlene Brosas

Arlene D. Brosas (born October 30, 1976) is a Filipina educator, child rights activist, and politician.

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Bagong Pilipinas (campaign)

Bagong Pilipinas is the campaign rally of the presidency and administration of Bongbong Marcos, which focuses on an all-inclusive plan for economic and social transformation.

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Bangko Sentral ng Pilipinas

The Bangko Sentral ng Pilipinas (commonly abbreviated as BSP in both Filipino and English) is the central bank of the Philippines. Maharlika Wealth Fund and Bangko Sentral ng Pilipinas are economy of the Philippines.

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Basilan

Basilan, officially the Province of Basilan (Provincia de Basilan; Wilayah Basilanin; Wilaya' sin Basilan; Lalawigan ng Basilan), is an island province of the Philippines located primarily in the Bangsamoro Autonomous Region.

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Basilan's at-large congressional district

Basilan's at-large congressional district refers to the lone congressional district of the Philippines in the province of Basilan.

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Bayan Muna

Bayan Muna is a party-list in the Philippines, a member of the leftist political coalition Makabayan.

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Board of directors

A board of directors is an executive committee that supervises the activities of a business, a nonprofit organization, or a government agency.

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Bongbong Marcos

Ferdinand "Bongbong" Romualdez Marcos Jr. (born September 13, 1957), commonly referred to by the initials PBBM or BBM, is a Filipino politician who is the 17th and current president of the Philippines.

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BusinessWorld

BusinessWorld is a business newspaper in the Philippines with a nationwide circulation of more than 117,000 (as of March 2014).

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Camarines Sur

Camarines Sur (Habagatan na Camarines; Timog Camarines), officially the Province of Camarines Sur (Bikol: Probinsya kan Habagatan na Camarines (Camarines Sur); Lalawigan ng Timog Camarines (Camarines Sur)), is a province in the Philippines located in the Bicol Region on Luzon.

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Camarines Sur's 3rd congressional district

Camarines Sur's 3rd congressional district is one of the five congressional districts of the Philippines in the province of Camarines Sur.

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Carlos Isagani Zarate

Carlos Isagani "Kaloi" Tabora Zarate (born May 14, 1967) is a Filipino politician, lawyer, and activist who served as a Party-list Representative for Bayan Muna from 2013 to 2022.

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CNN Philippines

CNN Philippines was a Philippine free-to-air television network owned and operated by Nine Media Corporation, together with Radio Philippines Network (RPN), under license from Warner Bros. Discovery Asia-Pacific.

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Coco Levy Fund scam

The Coco Levy Fund Scam was a controversy in the 1970s and 1980s in the Philippines involving former President Ferdinand Marcos and his cronies.

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Commodity market

A commodity market is a market that trades in the primary economic sector rather than manufactured products, such as cocoa, fruit and sugar.

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Congress of the Philippines

The Congress of the Philippines (Kongreso ng Pilipinas) is the legislature of the national government of the Philippines.

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Credit rating

A credit rating is an evaluation of the credit risk of a prospective debtor (an individual, a business, company or a government), predicting their ability to pay back the debt, and an implicit forecast of the likelihood of the debtor defaulting.

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Department of Finance (Philippines)

The Department of Finance (DOF; Kagawaran ng Pananalapi) is the executive department of the Philippine government responsible for the formulation, institutionalization and administration of fiscal policies, management of the financial resources of the government, supervision of the revenue operations of all local government units, the review, approval and management of all public sector debt, and the rationalization, privatization and public accountability of corporations and assets owned, controlled or acquired by the government.

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Edcel Lagman

Edcel Castelar Lagman Sr. (born May 1, 1942) is a Filipino human rights lawyer and politician from the province of Albay.

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Eli Remolona

Eli M. Remolona Jr. (born 1952) is a Filipino economist serving as the governor of the Bangko Sentral ng Pilipinas (BSP), the central monetary authority of the Philippines, and the ex officio chairman of the Anti-Money Laundering Council, the central anti-money laundering/counter-terrorism financing authority of the Philippines, under the Bongbong Marcos administration since July 3, 2023.

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Ex officio member

An ex officio member is a member of a body (notably a board, committee, or council) who is part of it by virtue of holding another office.

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Flag of the Philippines

The national flag of the Philippines (pambansang watawat ng Pilipinas) is a horizontal bicolor flag with equal bands of royal blue and crimson red, with a white, equilateral triangle at the hoist.

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France Castro

Francisca Lustina Castro (born May 24, 1966) is a Filipino educator, trade union activist, and politician who has served as a member of the House of Representatives of the Philippines for the Alliance of Concerned Teachers (ACT).

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Gabriel Bordado

Gabriel Hidalgo Bordado Jr., also known as Gabby Bordado Jr. (born February 15, 1955), is a Philippine politician and writer who is serving as the Representative for Camarines Sur's 3rd congressional district.

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Gabriela Women's Party

The Gabriela Women's Party (General Assembly Binding Women for Reform, Integrity, Equality, Leadership and Action), or simply GABRIELA, is a progressive Filipino political party that advocates for women's issues and represents Filipino women in the House of Representatives. The party is separate, although allied, with GABRIELA National Alliance of Filipino Women.

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GMA Integrated News

GMA Integrated News (formerly known as RBS News Department, GMA Radio-Television News and GMA Rainbow Satellite News; and later GMA News and Public Affairs), is the news division of the Philippine media company GMA Network, Inc. The division generates news output for the company's media outlets, including GMA Network's television, radio, and digital media platforms.

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Governance Commission for GOCCs

Governance Commission for Government-Owned or -Controlled Corporations (GCC) is a government agency of the Philippines created by Republic Act 10149 or the Governance Act of 2011.

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Government budget balance

The government budget balance, also referred to as the general government balance, public budget balance, or public fiscal balance, is the difference between government revenues and spending.

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Government debt

A country's gross government debt (also called public debt or sovereign debt) is the financial liabilities of the government sector.

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Government of the Philippines

The government of the Philippines (Pamahalaan ng Pilipinas) has three interdependent branches: the legislative, executive, and judicial branches.

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Government Service Insurance System

The Government Service Insurance System (Paseguruhan ng mga Naglilingkod sa Pamahalaan, abbreviated as GSIS) is a government-owned and controlled corporation (GOCC) of the Philippines.

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Governor of the Bangko Sentral ng Pilipinas

The Governor of the Bangko Sentral ng Pilipinas (Filipino: Tagapangasiwa ng Bangko Sentral ng Pilipinas or simply Tagapangasiwa ng Bangko Sentral) is the chief executive officer of the Bangko Sentral ng Pilipinas, the Philippines' central bank.

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House of Representatives of the Philippines

The House of Representatives of the Philippines (Kapulungan ng mga Kinatawan ng Pilipinas; Kamara from the Spanish word cámara, meaning "chamber") is the lower house of Congress, the bicameral legislature of the Philippines, with the Senate of the Philippines as the upper house.

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Institute of Corporate Directors

The Institute of Corporate Directors (ICD) is primarily an institute of, for and by corporate directors established in the Philippines.

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Kabataan

Kabataan, also known as the Kabataan Partylist (KPL) and formerly known as Ang Nagkakaisang Kabataan Para sa Sambayanan (ANAK ng BAYAN), is a partylist in the Philippines affiliated with the leftist political coalition Makabayan.

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Koko Pimentel

Aquilino Martin de la Llana Pimentel III (born January 20, 1964), commonly known as Koko Pimentel, is a Filipino politician and lawyer serving as the Senate Minority Leader since 2022.

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Korea Investment Corporation

The Korea Investment Corporation (KIC) is a sovereign wealth fund established by the government of South Korea in 2005. Maharlika Wealth Fund and Korea Investment Corporation are sovereign wealth funds.

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A logo (abbreviation of logotype) is a graphic mark, emblem, or symbol used to aid and promote public identification and recognition.

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Makati Business Club

The Makati Business Club is a private non-profit business association in the Philippines founded in 1981 to promote the role of the business sector in national development efforts.

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Malacañang Palace

Malacañang Palace (Palasyo ng Malakanyang,; Palacio de Malacañán), officially known as Malacañan Palace, is the official residence and principal workplace of the president of the Philippines.

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Manila Bulletin

The Manila Bulletin (also known as the Bulletin and previously known as the Manila Daily Bulletin from 1906 to September 23, 1972, and the Bulletin Today from November 22, 1972, to March 10, 1986) is the Philippines' largest English language broadsheet newspaper by circulation.

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Martin Romualdez

Ferdinand Martin Gomez Romualdez (born November 14, 1963) is a Filipino businessman, lawyer and politician serving as the Speaker of the House of Representatives since July 25, 2022.

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Mujiv Hataman

Mujiv Sabbihi Hataman (born September 11, 1972) is a Filipino politician and indigenous people's rights advocate from the Yakan people of the Sulu Archipelago.

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Nancy Binay

Maria Lourdes "Nancy" Sombillo Binay-Angeles (born May 12, 1973) is a Filipina politician serving as a Senator since 2013.

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Neri Colmenares

Neri Javier Colmenares (born December 4, 1959) is a Filipino legislator, human rights lawyer and activist.

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Official Gazette (Philippines)

The Official Gazette, which is printed by the National Printing Office (NPO), is the public journal and main publication of the government of the Philippines.

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Philippine Daily Inquirer

The Philippine Daily Inquirer (PDI), or simply the Inquirer, is an English-language newspaper in the Philippines.

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Philippine eagle

The Philippine eagle (Pithecophaga jefferyi), also known as the monkey-eating eagle or great Philippine eagle, is a critically endangered species of eagle of the family Accipitridae which is endemic to forests in the Philippines.

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Philippine News Agency

Philippine News Agency (PNA) is the official news agency of the Philippine government.

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Philippine peso

The Philippine peso, also referred to by its Filipino name piso (Philippine English:,, plural pesos; piso; sign: ₱; code: PHP), is the official currency of the Philippines. Maharlika Wealth Fund and Philippine peso are economy of the Philippines.

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Philippine Stock Exchange

The Philippine Stock Exchange, Inc. (Pamilihang Sapi ng Pilipinas) is the national stock exchange of the Philippines. Maharlika Wealth Fund and Philippine Stock Exchange are economy of the Philippines.

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Philippines

The Philippines, officially the Republic of the Philippines, is an archipelagic country in Southeast Asia.

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Pork barrel scam

The Priority Development Assistance Fund scam, also called the PDAF scam or the pork barrel scam, is a political scandal involving the alleged misuse by several members of the Congress of the Philippines of their Priority Development Assistance Fund (PDAF, popularly called "pork barrel"), a lump-sum discretionary fund granted to each member of Congress for spending on priority development projects of the Philippine government, mostly on the national level.

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Public sector

The public sector, also called the state sector, is the part of the economy composed of both public services and public enterprises.

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Ralph Recto

Ralph Gonzalez Recto (born January 11, 1964) is a Filipino politician currently serving as the 33rd Secretary of Finance under President Bongbong Marcos since January 12, 2024.

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Raoul Manuel

Raoul Danniel Abellar Manuel (born August 30, 1994) is a Filipino youth activist and politician serving as the representative for Kabataan partylist, of which he is the national president.

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Rappler

Rappler (portmanteau of the words "rap" and "ripple") is a Filipino online news website based in Pasig, Metro Manila, the Philippines.

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Risa Hontiveros

Ana Theresia "Risa" Navarro Hontiveros (born February 24, 1966) is a Filipino politician, community leader, and journalist serving as a Senator since 2016.

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Sandro Marcos

Ferdinand Alexander "Sandro" Araneta Marcos III (born March 7, 1994) is a Filipino politician who is the representative of Ilocos Norte's 1st congressional district since 2022, and the eldest of three sons of Philippine President Bongbong Marcos and First Lady Liza Araneta Marcos.

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Secretary of Finance (Philippines)

The secretary of finance (kalihim ng pananalapi) is the cabinet of the Philippines member in charge of the Department of Finance.

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Senate of the Philippines

The Senate of the Philippines (Senado ng Pilipinas) is the upper house of Congress, the bicameral legislature of the Philippines, with the House of Representatives as the lower house.

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The Social Security System (SSS; Paseguruhan ng Kapanatagang Panlipunan) is a state-run, social insurance program in the Philippines to workers in the private, professional and informal sectors.

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South Korea

South Korea, officially the Republic of Korea (ROK), is a country in East Asia.

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Sovereign wealth fund

A sovereign wealth fund (SWF), or sovereign investment fund is a state-owned investment fund that invests in real and financial assets such as stocks, bonds, real estate, precious metals, or in alternative investments such as private equity fund or hedge funds. Maharlika Wealth Fund and sovereign wealth fund are sovereign wealth funds.

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State-owned enterprise

A state-owned enterprise (SOE) is a business entity which is established and/or owned by a national or state/provincial government, by an executive order or an act of legislation, in order to earn profit for the government, control monopoly of the private sector over means of production, provide commodities to citizens at a lower price, implement government policies, and/or to deliver products and services to remote locations that otherwise have trouble attracting private vendors.

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Supreme Court of the Philippines

The Supreme Court (Kataas-taasang Hukuman; colloquially referred to as the Korte Suprema (also used in formal writing), is the highest court in the Philippines. The Supreme Court was established by the Second Philippine Commission on June 11, 1901 through the enactment of its Act No. 136, an Act which abolished the Real Audiencia de Manila, the predecessor of the Supreme Court.

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Surplus value

In Marxian economics, surplus value is the difference between the amount raised through a sale of a product and the amount it cost to manufacture it: i.e. the amount raised through sale of the product minus the cost of the materials, plant and labour power.

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The Philippine Star

The Philippine Star (self-styled The Philippine STAR) is an English-language newspaper in the Philippines and the flagship brand of the Philstar Media Group.

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University of the Philippines School of Economics

The University of the Philippines School of Economics is a degree-granting unit of the University of the Philippines Diliman (U.P.), where it occupies the buildings of the Philippine Center for Economic Development (PCED).

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19th Congress of the Philippines

The 19th Congress of the Philippines (Ikalabinsiyam na Kongreso ng Pilipinas), composed of the Philippine Senate and House of Representatives, convened on July 25, 2022.

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1Malaysia Development Berhad scandal

The 1Malaysia Development Berhad scandal, often referred to as the 1MDB scandal or just 1MDB, is an ongoing corruption, bribery and money laundering conspiracy in which the Malaysian sovereign wealth fund 1Malaysia Development Berhad (1MDB) was systematically embezzled, with assets diverted globally by the perpetrators of the scheme.

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See also

2023 in law

2023 in the Philippines

Bongbong Marcos administration controversies

Economy of the Philippines

Philippine companies established in 2023

Philippine legislation

References

[1] https://en.wikipedia.org/wiki/Maharlika_Wealth_Fund

Also known as Maharlika Fund, Maharlika Investment Corporation, Maharlika Investment Fund.

, Philippine Daily Inquirer, Philippine eagle, Philippine News Agency, Philippine peso, Philippine Stock Exchange, Philippines, Pork barrel scam, Public sector, Ralph Recto, Raoul Manuel, Rappler, Risa Hontiveros, Sandro Marcos, Secretary of Finance (Philippines), Senate of the Philippines, Social Security System (Philippines), South Korea, Sovereign wealth fund, State-owned enterprise, Supreme Court of the Philippines, Surplus value, The Philippine Star, University of the Philippines School of Economics, 19th Congress of the Philippines, 1Malaysia Development Berhad scandal.