WATCH: Global Investment Banker Stephen Cuunjieng on Maharlika Investment Fund | ANC

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  • Опубликовано: 30 ноя 2024

Комментарии • 67

  • @scuunjieng
    @scuunjieng Год назад +31

    many thanks for inviting me

    • @7Archie4
      @7Archie4 Год назад +3

      what I learned today is that lawmakers are deliberating MIF with inadequate experience and knowledge to the domain. This MIF might drag Philippine economy in ripple catastrophic negative effect.

    • @scuunjieng
      @scuunjieng Год назад +1

      @@7Archie4 many thanks

    • @HeyRaffy
      @HeyRaffy Год назад +4

      @@scuunjieng was waiting for your inputs on the MIF. Always insightful!

    • @scuunjieng
      @scuunjieng Год назад +1

      @@HeyRaffy many thanks

    • @surferbuoy4690
      @surferbuoy4690 Год назад +3

      should've been the one interpolating Mark Villar during those senate hearings.. honestly haha

  • @HotohoriTasuki24
    @HotohoriTasuki24 Год назад +10

    In my opinion, it is crucial to have economists, lawyers, and other young professionals in the Senate when scrutinizing bills, rather than nepo babies, celebrities, or corrupt businessmen. Their expertise can help identify potential loopholes and irregularities in proposed legislation, ensuring a thorough evaluation.
    Sovereign wealth funds (SWFs) face various risks, including economic downturns, market volatility, and political instability. These factors can lead to losses and jeopardize the funds' ability to achieve their objectives
    I think that all bills should go through a period of public scrutiny before they are approved. This would allow the people to point out irregularities and malpractices.
    In addition, the SWF should be:
    transparent and accountable to the public
    managed by a team of experienced professionals with a proven track record of success
    subject to strict risk management procedures
    diversified across a range of asset classes
    aligned with the government's long-term development goals
    In my view, it would be beneficial for the government to invest more in the oil and gas industry, given that several Southeast Asian nations have experienced significant GDP growth through the export of these products. By investing in this sector, the government can potentially stimulate economic development, create job opportunities, and secure a reliable source of revenue.

  • @marcoromero8715
    @marcoromero8715 Год назад

    I can only wish I had Mr. CuUnjieng's objective wit, relentless eloquence, and intellectual gravitas. His interviews and column in The Manila Times deserve more views and following. More power Stevie!

  • @SuperExadidas
    @SuperExadidas Год назад +3

    MIF only shows how shallow our present budget.

  • @megreyes8001
    @megreyes8001 Год назад +4

    Asking for public funds without any clear projects, who can trust that? Even projects with clear plans can go awry. MIF is so ill-conceived, what can we expect? God save the Philippines!

    • @joeymanny
      @joeymanny Год назад +3

      Actually thats the intent of this law thats why it is on a rush, the more time it will be tackled the more holes will be exposed kya nga ina approve agad pra wla ng humarang. Ngayon ang problema tlga nito is that walang check and balance ito, kumabaga sa sugal , un pera na gagamitin dito is pwede itaya kahit saan matalo , manalo o ma corrupt. Isa pa nag beneficiary nito pera is un mga negosyante sumusuporta sa ngayon admin at mga mambubutas ste mambabatas, dahil di na sila uutang sa banko pra mag start ng venture kundi pera mismo ng bayan pwede nila gawing funding at wla pang talo dhil kung malugi eh di nman nila inutang un pera dhil binigay na ng libre thru MIF

  • @benjowwww
    @benjowwww Год назад +9

    This the govt you voted for, Filipinos ✌️

  • @MakeItThrough100
    @MakeItThrough100 Год назад +1

    yeah the State’s Issue is Trust
    At no instance yet the TRAUMA of the Filipinos from the past can yet conceptualize another RISKY endeavor specially when such investment is handle by these kind of people..?

  • @rickrogue6993
    @rickrogue6993 Год назад

    Economists: It violates many economic principles!
    Good governance principles: everybody always ignores us.

  • @lolitatudayan214
    @lolitatudayan214 Год назад

    Will Treasury bills be invested in this Maharlika Fund?

    • @alma09876
      @alma09876 Год назад +1

      Big NO.
      Only dividends from GOCCs will be invested in this MIF.
      T-Bills is not dividends but DEBT instruments issued by government where investors buy periodically.

  • @meditatesleepandtravel8795
    @meditatesleepandtravel8795 Год назад +1

    Well, UP faculty. What do they believe?

  • @rolandoreyes3144
    @rolandoreyes3144 Год назад +1

    If set up correctly, this will make the 2 banks a quasi-investment bank. In essence, Maharlika will be the bank's quasi-trading division; hence earns fees or commissions based on Maharlika's market performance.
    Many investment banks are divided into three divisions, based on the services provided and the employees' responsibilities: Here, the banks will only need to set up the Middle Office Division. It will include compliance with government regulations and restrictions for capital flows. These are the people who watch the money coming into and going out of the bank, helping to determine the amount of liquidity it needs to keep on hand so that it won't get into financial trouble. The team in charge of capital flows can use that information to restrict trades by reducing the buying and trading power of Maharlika.
    So you see, if set up this way commercial banks can now participate in specific investing activities and they remain economically viable, and they will always have enough liquidity to honor their deposits.

    • @WeCube1898
      @WeCube1898 Год назад +1

      That actually is contrary to the charter and purpose for what those 2 banks are created for.
      LBP and DBP has their own UITF, Mutual Funds and Institutional Investments.

    • @thispatzer
      @thispatzer Год назад +1

      Let's set a few things straight. Your grasp on the role of commercial banks in an investment fund seems a bit shaky. It's like you're comparing apples to oranges here. The divisions and responsibilities within commercial banks might not match up with those of your run-of-the-mill investment bank.
      And hey, here's a newsflash for you: economic viability and liquidity for banks go way beyond just the performance of an investment fund. There are a whole bunch of other factors in play, my friend. So, before you go spouting off about it, take a moment to consider the unique nature and requirements of different banking activities.

  • @mariaannainditahernawati7132
    @mariaannainditahernawati7132 Год назад

    bisa digunakan untuk bikin bendungan
    air yang terkumpul baik dari hujan dan badai tropis bisa digunakan untuk membantu petani
    selain itu bisa digunakan untuk listrik
    ada contohnya di taiwan

  • @TonzLanggoy
    @TonzLanggoy Год назад

    As usual UP

  • @dutch9664
    @dutch9664 Год назад +6

    Try JP Morgan or Golden Sachs for investment advice, the Philippines must hire American companies for consultation. Filipinos are not well know on international business. I will not invest on Maharlika nor Philippine business firms to handle the government investment. Our stock exchange is not recognized abroad.

  • @rikt1541
    @rikt1541 Год назад

    31million will pay for its fsilure😂

  • @marcross6835
    @marcross6835 Год назад +1

    Kontra ng kontra sa una. Kambyo sa dulo 😊😊

  • @Manginasal_9245
    @Manginasal_9245 Год назад +1

    Problem of this people are two many words but not helping the country puro dakdak basta makontra lang

    • @TheWatcher1009
      @TheWatcher1009 Год назад +1

      Pano ka ba kokontra e batas yan? Kelan may input general public dyan? Eh lalo pa minamadali ng current administration
      Wala ba sense sinasabi nya sa decades of experience sa banking?

  • @deantan4080
    @deantan4080 Год назад +2

    Timing of Maharlika is correct. The world is coming out of the crisis.
    Time to risk at the moment. Its planting seed time.

    • @joeymanny
      @joeymanny Год назад +7

      The timing is correct for politicians and cohorts, the law itself doesnt have check and balance. And not balance at all all losess will be borne by tax payers while if not then nothing

    • @jocelgracearostique6480
      @jocelgracearostique6480 Год назад +1

      timing ni Marcos Jr et al to embezzle! Economist na ang nagsabi. Hello!

    • @yoj7590
      @yoj7590 Год назад

      No it's not there is still a debate if the world will go to a recession and this will bad for any investment fund

    • @mavistheman69
      @mavistheman69 Год назад

      First of all there are no excess or surplus of resources or money to invest! That’s why nag aadd sila ngyon n new tax fot sweets and salty consumptions on top of TRAIN LAW!

  • @Manginasal_9245
    @Manginasal_9245 Год назад

    Pera ba ng tao sabi nga hindi kasama ang president sa MWF mag prove kayo kung nakakatulong yang kakadakdak niyo sa tao kung hindi naman manahimik kayo

  • @marievicyoung9703
    @marievicyoung9703 Год назад +1

    Puro theory at analyzes lng mga prof. libro ag d actual Ang tinututo nla Speculation kng tumama.

    • @thispatzer
      @thispatzer Год назад +1

      Wala ka naman na intindihan eh

  • @mydingjh
    @mydingjh Год назад

    As global investment banker he failed to understand the need to classified PHLIPPINES MOST IMPORTANT FUNDS into AGE OF EXPLORATION FUNDS (1500s-1700s ) or CHINA’S BRI FUNDS. IF YOU LIMIT THE FUNDS CAPIBILITIES, YOU LOCKED YOUR FULL POTENTIAL down to DOMESTIC DEVELOPMENT FUNDS