Home Real Estate House leaders push for PH Sovereign Wealth Fund

House leaders push for PH Sovereign Wealth Fund

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House leaders push for PH Sovereign Wealth Fund

House leaders are pushing for the creation of a Philippine Sovereign Wealth Fund drawing inspiration from successful neighbors like Singapore and China.

Xianne Arcangel reports.

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45 COMMENTS

  1. Sovereign Wealth Fund Is good because the Philippines has a good treasury and the fastest growing economy because of its consumer index young pop and expanding its infrastructure. PH stock market will be attractive again because 1. Foreign investment in the country. 2 Investor globally either Private or Public ETF or single stock 3. equity market. SSS, Landbank….. has a million customers with Financial institutions listed as ETF Trust as investors. the rest is Non-commodity but in the future, maybe Oil & Gas/Minerals will be listed this will increase the high equity of the company means less reliance on debt and more net revenues.

  2. SOVEREIGN WEALTH FUND was STOLEN by Former Prime Minister NAJIB RAZAK of Malaysia from 1MDB to his personal account in the amount of $ 4.5 BILLION. RAZAK was sentenced to 12 years. Philippine will the NEXT SCANDAL. “ GOOD LUCK “

  3. METHINKS….. Siguro naman safe ng isipin na ang resulta pag nawala yang funds na yan ay REBOLUSYON. It will not be a smart move for any Congressman or Senator to support this proposal. Mahirap ng maputukan. Kontrolin nyo ang korapsyon …dyan maraming perang magagamit. Pabayaran nyo yung unpaid taxes at bawiin ang ill gotten wealth…yan ang patok na solusyon para lumaki ang pera na pampension sa mga mangagawa.. ah eh teka….kanino nga pala natin babawiin? 🤔

  7. This is foolish. marami tayo dapat e invest sa sarili nating bansa at tuonan ng pansin. Ano kayo may warren buffet or mark minervini sa Pinas, at ang global economy is in bad shape. The most issue is the governance. Alam naman natin na marami ang corrupt sa gobernong ito. Hwag nalang kayo manggaya sa China much worse sa Malaysia dahil ang Chinese govt as communist is powerful and strict against corruption. Takot ang mga tao sa Goberno nila. Besides its highly risky. Kahit mga guru na mga investors hindi nga sure sa market unless you are willing to lose the 275 bilyon seed money. Dapat hindi ito kaagad ipasa. igisa muna ito sa plenaryo.

  10. I am afraid of this Sovereign Wealth Fund, it might risk the pensioners pension. The lion's share will be taken from the GSIS. Aside from that, here in the Philippines senior citizens are no longer given the favor to land in a job therefore, they are just relying on the retirement fund. This might starve the senior citizens. According to the proposal, this will benefit the infrastructure projects. If the largest amount is from GSIS then any profit should be added to the pensioners pension. Add 100 percent to original pension amount. This is horrible!!! Like what happened when the past GSIS President bought a very expensive painting, the government employees did no longer receive their dividend at the end of every year.

  11. MGA MAGNANAKAW! LANG ANG MAKIKINABANG DYAN! YUN SPOLARIUM NA BINILI NG GSIS MAIPAPAKAIN BA YAN SA MGA NAGHIHIRAP. ANG COA NAGING INUTIL NOONG NAKARAANG BAYANIHAN. SAKA WALA NAMANG NAKUKULONG NA POLITIKONG MAGNANAKAW.

  12. There are over 7,600 islands, 120 million Filipinos and the poverty rate is among the highest in Asia. There are thousands of BILLS created by the corrupt politicians — ONLY A HANDFUL PERCENT OF FILIPINOS UNDERSTAND AND AWARE ABOUT THE BILLS.

    ONE REASON THIS COUNTRY IS FOREVER A LOSER.

  15. this is a bad time for this scheme, we will become the next AFRICAN Country, ang inflation rate is at 1000% and ang 1million mo magiging 1 peso nalang ang value. A sovereign wealth fund means an excess or surplus of government money, eh wala nga tayong excess fund. Dios ko.. wag na… mananakaw na naman yan. Philhealth nga nanakaw.. etoh pah?

  24. taong bayan huwag pumayag madali yan makurakot huwag mag triial and error para di tayo magsisi hawakan monalang yan finance sec Diokno para safe ang Pinas payag tayo basta may death penalty sa mga kurakot o firing squad para sulit

  25. That's an incredibly bad idea… it will just become a source of massive corruption. Let's face it… Filipino politicians can never be trusted with the nation's funds. It will end up like 1MDB in Malaysia. Look at what happened to that. Look at what happened to the Coco Levy. Bongbong Marcos hasn't been long in the position and now he wants to do a part 2 like his father? Is he talking to the legislators to do that?

  34. Di na kailangan yan.. Dapat pag tuonan ng pansin ng gobyerno ang talamak na korapsyon sa gobyerno. Dahil more or less P700 billion ang nawawala sa kaban ng bayan taon taon dahil sa nakawan sa gobyerno.

  41. this will lead the whole country to economic collapse for simple reason that the govnt has lost its credibility when it comes to money like confidential fund and intelligence funds. why would this govnt interfere on managinng institutional funds when the latter have their own expertise and prundence managing their own funds proven for several decades. this scheme will collapse the whole govnt financial system in line with the globalist agenda to control world economy under new world order. let us be aware of discates of globslist people like macron thru WEF ..

  44. Push of sovereign wealth fund is useless without curtailing Pilipino population growth…Every G7 nation knows this….There was an attempt in previous administration …by FAMILY PLANNING…but it was futile…Why??? Because of the church…PAANO MACOCONTROL NG PILIPINO ANG POPULATION KUNG ANG PANINIWALA NG MARAMI AY ANG ANAK O DAMI NG ANAK AY BLESSINGS FROM GOD…

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