BIZ BUZZ: How much is too much? Recto on Maharlika execs’ salary

Amid the controversy surrounding the salary demands of the Maharlika Investment Corp. (MIC) officials, Finance Secretary Ralph Recto, who also sits as the MIC chair, doesn’t sound too convinced that the salary structure at the startup sovereign wealth fund should, at the onset, be as much as currently proposed. While he agrees that MIC should
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