Maharlika sticks to investment strategy amid US-Iran conflictMANILA, Philippines — The Maharlika Investment Corp. (MIC) is keeping its investment strategy intact while eyeing the local mining sector as a potential hard-currency buffer to shield the broader economy from global shocks, amid the ongoing Middle East war. “If an investment is fundamentally sound and aligns with our mandate to build national resilience, we will pursue it,” Consing added. “Our governance framework is designed to ensure that the integrity of the Fund remains independent of external geopolitical shifts,” he said. He added that critical minerals and hard assets may act as a safeguard for the country’s wealth, especially during periods of high inflation and global tensions. In 2024, MIC reported a net income of P2.68 billion, just a year after its creation in 2023.

Source: Philippine Star March 15, 2026 16:48 UTC