Sovereign fund the wrong message to deliver to Davos

AS reported on Thursday by an enthusiastic Foreign Affairs Undersecretary Carlos Sorreta, President Ferdinand "Bongbong" Marcos Jr. plans to "introduce" the proposed Maharlika Wealth Fund (MWF) to world business and political leaders when he makes his first visit to the annual World Economic Forum (WEF) in Davos, Switzerland this coming week. If so, this would be the wrong message to deliver to that exclusive forum, a regrettable waste of a rather costly opportunity to advance the country's interests.The WEF will be held from January 16 to 23 in the Swiss ski resort town of Davos, and is expected to attract the usual crowd of business magnates, political leaders and global organizations.