Maharlika Fund Remits Over P1.37 Billion Dividend to Treasury
Politics

Maharlika Fund Remits Over P1.37 Billion Dividend to Treasury

The Maharlika Investment Corp. (MIC), the Philippines' sovereign wealth fund, has remitted P1.376 billion in dividends to the Bureau of the Treasury, surpassing the mandatory 50% dividend payout for government-owned and -controlled corporations. MIC reported a net profit of P2.36 billion for 2025, demonstrating its contribution to national finances.

This article requires PRO

This article is outside the free access window or is a special report. PRO unlocks it and the full archive.

  • SolGen Urges SC to Uphold Law Rescheduling Barangay Elections

    The Philippine Solicitor General's Office has asked the Supreme Court to dismiss a legal challenge against Republic Act No. 12326, which rescheduled local elections and extended terms to five years. The government argues Congress acted constitutionally, citing potential cost savings and administrative stability.

  • Chinese state firms sent funds to firm linked to VP Duterte, says Senator

    Senator Risa Hontiveros revealed that Chinese state-owned enterprises allegedly sent P319.33 million to a company linked to Vice President Sara Duterte-Carpio's husband, raising questions about the source of the funds and potential links to Beijing.

  • Duterte-Carpio Denies Allegations of Illegal Cash Deliveries, Luxury Gifts

    Philippine Vice President Sara Duterte-Carpio has strongly denied allegations of receiving illegal cash deliveries and luxury gifts, calling them fabricated political attacks. She presented travel records and official documents to refute claims made by a former security aide.

  • Marcos visits Singapore to court investors, boost ties

    Philippine President Ferdinand R. Marcos, Jr. will visit Singapore from Oct. 7-11 to court investors and deepen economic ties, with the city-state set to assume the ASEAN chairmanship next year. The visit aims to bolster bilateral cooperation.