Maharlika Wealth Fund could work if done right — Concepcion

President Ferdinand Marcos Jr. delivers his first State of the Nation Address as newly elected Congress leaders, Senate President Juan Miguel Zubiri and House Speaker Martin Romualdez, react on Monday, July 25, 2022.

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MANILA, Philippines — Go Negosyo founder Joey Concepcion said a P275-billion sovereign wealth fund called Maharlika Wealth Fund could provide vast investment opportunities for the Philippines if its trust and timing issues are addressed.  

Concepcion suggested investing in big-ticket projects and the service of experts and professional managers from the private sector.

“Through these funds, people can participate in these big projects, and not just the big, private funds will benefit from the earnings,” he said. 

Full Story: https://www.philstar.com/headlines/2022/12/08/2229451/maharlika-wealth-fund-could-work-if-done-right-concepcion