But the money stays with the bank...who knows what they do. If one is a bank chairman, then he must be very good at what he does.
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But the money stays with the bank...who knows what they do. If one is a bank chairman, then he must be very good at what he does.
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Ano bang investment ang magagawa ng maharlika fund na hinde nagagawa currently ng SSS/GSIS?
Hinde ko talaga maintindihan eh why get the money of both institutions when they're already doing what maharlika would want to do.
Kunin kaya nila sa pera nila Marcos yun pang invest ng maharlika?
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that's my question also in the earlier part of this topic.
Diokno said that most of these funds were invested internationally were getting return of ~3%, but he said that it could make 20% return if invested locally for National Dev't Projects - according to him
Me: these are "investible fund", I'm also investing my surplus. Why would I put it to a 3% return investment if the inflation is 8%. I want my money to grow, of course better not to put in one basket. The job of the fund managers is to put the Investible Fund to grow with calibrated risk. Once you invest, you take risk.
it would be in the details where would they invest the MWF, how much percentage goes to this project or investment.
did he deny it?
Deny? He even questioned it!
How's your nose???
'We are not that high': Marcos disagrees with PSA's inflation report | Philstar.com
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He admitted that is now "out of control". Perhaps if he just buckled down to work, stop trying to re-create his old jet-setting lifestyle and partying and actually laying out a proper economic plan instead of spouting off vague statements about "unity", he might actually do something.
But whats this I hear that pro-BBM vloggers are now questioning the recent OCTA survey result where SWOH (80% and DepEd 87%) scored higher than BBM (78% and DA 62%), with the wife being particularly livid? Tinalo ng sipilyo ang P20 bigas?
DBCC affirms MOODY’S forecast as fastest growing economy in Asia Pacific
MANILA -- Members of the Development Budget Coordination Committee (DBCC), chaired by Department of Budget and Management (DBM) Secretary Amenah F. Pangandaman, shared their positive outlook for the Philippine economy in line with Moody’s growth forecast for the Philippines in 2023.
As approved by the DBCC, GDP growth in 2023 is expected to range from 6.0-7.0 percent. This is aligned with the Moody’s growth projection of 6.4 percent, which will make the country the fastest growing economy in the Asia-Pacific region. According to the forecast of Moody's, the country will be followed by Vietnam with 6.1 percent, China with 5.1 percent, India with 5 percent, Indonesia with 4.7 percent, Thailand with 3.9 percent, and Malaysia with 3.8 percent. -excerpt
Growth forecast proves PH on right track: Romualdez
“It is reassuring to note that Moody’s sees the Philippines posting the fastest GDP (gross domestic product) growth in the Asia-Pacific region next year. Moody’s projection, along with Finance Secretary Benjamin Diokno’s own statement that our GDP growth will likely reach 7 percent or at least 6.5 percent for this year, validate the rationality of President Ferdinand R. Marcos, Jr.’s decision to relax pandemic-related restrictions, the soundness of his administration’s economic policies, and the competence of his chosen economic managers,” Romualdez said. -excerpt
https://twitter.com/FMangosingINQ/st...Y3VJ4JUn5-MWlQ
creepy crawlies at it again.
You have a way of twisting facts to fit your narrative. I give you that. That is how you earned your keep anyway.
I was asking about your nose because I'm sure it's darkened already from getting burried so long in BBM's ass.
https://www.bworldonline.com/economy...utlook-to-6-7/
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raise the contributions
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MANILA, Philippines — Less than a week after receiving support from the country’s biggest business organization, the government’s bid to put up the country’s first sovereign wealth fund (SWF) suffered a big blow after the same trade group on Tuesday joined the growing opposition to the plan.
The Philippine Chamber of Commerce and Industry (PCCI) is now urging the government to reconsider the creation of the SWF, reversing its position last week as the first major private sector association to support the proposal contained in House Bill No. 6398, or the Maharlika Investments Fund Act, which was filed by Speaker Martin Romualdez, Ilocos Norte Rep. Sandro Marcos and four other lawmakers.
Read more: Proposed Maharlika fund loses support of PCCI | Inquirer News
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It would seem global events are conspiring against the Marcoses in their effort to rally public support for their proposed Maharlika Wealth Fund. Never mind how, in Malaysia, the fact that the new prime minister, Anwar Ibrahim, concurrently finance minister, has led to a coalition partner reassuring the public it won’t result in a 1MDB situation because scrutiny is higher and, in a multiparty coalition, executive autonomy is limited. Look instead at Norway, which has the world’s biggest sovereign wealth fund (built on windfall proceeds from oil and gas reserves), and lost a mind-boggling $174 billion in the first quarter of this year, a return on investment of negative 14.4 percent. This was the largest six-month loss in the 26 years that the fund has existed. Reuters reported the losses were led by a 28 percent “plunge in the value of its technology stocks.” Temasek, in our region considered the gold standard in sovereign wealth funds, is itself licking its wounds after it had to write off its entire $275 million investment in FTX, the world’s third-largest cryptocurrency exchange, which recently collapsed.
Read more: Blink thrice if you don’t mean it | Inquirer Opinion
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