Posted inPhilippines

Investment fund controversy roils Marcos Jr regime

Barely six months into office, Philippine President Ferdinand Marcos Jr has faced widespread backlash over a major economic proposal. Earlier this month, presidential son Ferdinand “Sandro” Marcos III and Speaker of the House Martin Romualdez, a close cousin of the president, co-sponsored a bill to create a multibillion-dollar sovereign wealth fund (SWF) for the Philippines.  […]

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