Announcement
14 May 2026
In May 2026, the Maharlika Investment Corporation (MIC) announced a PHP 15 billion revolving credit facility for Petron Corporation to support the purchase and importation of crude oil and refined petroleum products.
Source
Number of interventions
2
1 certainly harmful
0 likely harmful
1 liberalising
Implementation date
14 May 2026
Revocation date:
No revocation date
Recent update from 27 May 2026:
On 14 May 2026, Maharlika Investment Corporation (MIC), the Philippines’ sovereign wealth fund manager, concluded a PHP 15 billion (USD 244.3 million) short-term revolving credit facility agreement...
Implementation date
14 May 2026
Revocation date:
No revocation date
Recent update from 27 May 2026:
On 14 May 2026, Maharlika Investment Corporation (MIC), the Philippines’ sovereign wealth fund manager, concluded a PHP 15 billion (USD 244.3 million) short-term revolving credit facility agreement...
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