The implementing rules are out and the president and chief executive officer of the country's first sovereign wealth fund has formally assumed his post.
But critics still question the rationale behind the controversial Maharlika Investment Fund.
President Bongbong Marcos earlier assured the public that resources entrusted to the fund will be "taken care of with utmost prudence and integrity."
What lies ahead for the Maharlika Investment Corporation and what is at stake in the long run?
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