WATCH: Global Investment Banker Stephen Cuunjieng on Maharlika Investment Fund | ANC 

what I learned today is that lawmakers are deliberating MIF with inadequate experience and knowledge to the domain. This MIF might drag Philippine economy in ripple catastrophic negative effect.

@@7Archie4 many thanks

@@scuunjieng was waiting for your inputs on the MIF. Always insightful!

@@HeyRaffy many thanks

should've been the one interpolating Mark Villar during those senate hearings.. honestly haha

Actually thats the intent of this law thats why it is on a rush, the more time it will be tackled the more holes will be exposed kya nga ina approve agad pra wla ng humarang. Ngayon ang problema tlga nito is that walang check and balance ito, kumabaga sa sugal , un pera na gagamitin dito is pwede itaya kahit saan matalo , manalo o ma corrupt. Isa pa nag beneficiary nito pera is un mga negosyante sumusuporta sa ngayon admin at mga mambubutas ste mambabatas, dahil di na sila uutang sa banko pra mag start ng venture kundi pera mismo ng bayan pwede nila gawing funding at wla pang talo dhil kung malugi eh di nman nila inutang un pera dhil binigay na ng libre thru MIF

Big NO. Only dividends from GOCCs will be invested in this MIF. T-Bills is not dividends but DEBT instruments issued by government where investors buy periodically.

That actually is contrary to the charter and purpose for what those 2 banks are created for. LBP and DBP has their own UITF, Mutual Funds and Institutional Investments.

Let's set a few things straight. Your grasp on the role of commercial banks in an investment fund seems a bit shaky. It's like you're comparing apples to oranges here. The divisions and responsibilities within commercial banks might not match up with those of your run-of-the-mill investment bank. And hey, here's a newsflash for you: economic viability and liquidity for banks go way beyond just the performance of an investment fund. There are a whole bunch of other factors in play, my friend. So, before you go spouting off about it, take a moment to consider the unique nature and requirements of different banking activities.

many thanks

​@@scuunjieng Thank you for your insights. It seems that it would have been more beneficial and focused if instead of a "Maharlika Fund", the Government would do is the creation of; ➡️ "Philippine Education and Human Capital Development Fund". ➡️ Seed Capitalization Sources strictly from; - Casinos - POGOs - Online betting/E-Sabong - Luxury Goods, Luxury Cars, Luxury Resorts. - Confiscated, Recovered Ill-Gotten Wealth, Tax Evation and Customs Evations Penalties (Luxury; Goods, Cars, Items) - Seized and recovered Plundered Assets - Mining Licenses and Royalties - Unspecified Confidential Funds - Land Convertion Fees (Agricultural Lands to High Value Residential Subdivisions) - Uniformed Personnel Retirement and Pension Funds. ➡️ Specifically purposed to create earnings/reinvestments that will help and contribute in the ff: * Furthering the development of human capital resources * Creating labor development initiatives * Labor and Employment generation projects and training facilities. * Special Purpose Vehicle Fund for Learning Professionals, Human Resource Professionals, and Teacher Education-Training Funding Facility (Student Loan) and Education Personel Devt Fund (Multi-Purpose Loan) * Special Purpose Vehicle Fund for Learning Facility Development via (Facility Devt Loans) for projects like - Museums for Learning, - Training Event Centers, - Trade & Exihibition Facilities, - Children Special Hospitals and SPED Facilities - Manufacturing Training Facilities ➡️ Investment and Revenue Mechanisms. (Moderately Balanced Risk Appetite) 20% * Equity and Index Investments 35% * Government Securities Bonds * Money-Market Instruments * Fixed Income Instruments 25% * Loan Servicing Fees & Interests 10% * Hospital Shares , Pharmaceutical Shares, * Food and Beverage Shares, * Financials 10% * Property Leasing * Manpower Servicing (LSERV/DBP SERV) Again many thanks Sir and more power to you. Wishing much great successbin your endeavors and the best of health

Pano ka ba kokontra e batas yan? Kelan may input general public dyan? Eh lalo pa minamadali ng current administration Wala ba sense sinasabi nya sa decades of experience sa banking?

The timing is correct for politicians and cohorts, the law itself doesnt have check and balance. And not balance at all all losess will be borne by tax payers while if not then nothing

timing ni Marcos Jr et al to embezzle! Economist na ang nagsabi. Hello!

No it's not there is still a debate if the world will go to a recession and this will bad for any investment fund

First of all there are no excess or surplus of resources or money to invest! That’s why nag aadd sila ngyon n new tax fot sweets and salty consumptions on top of TRAIN LAW!

Wala ka naman na intindihan eh

lol