A cyber libel complaint has been filed against Federation of Free Farmers (FFF) chairperson Leonardo Montemayor, a former ...
MANILA, Philippines — Higher remittances from government-owned or controlled corporations (GOCCs) will help cut the country’s borrowings and avoid the imposition of higher taxes, President Marcos said ...
MANILA, Philippines — A total of P116.84 billion has been remitted to the Bureau of the Treasury (BTr) as part of the national government’s revenue share from government-owned or controlled ...
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GOCC subsidies fell 30% in February
Budgetary support to state-run firms plunged anew in February as the government scaled back infrastructure-related subsidies, ...
With the recent enactment of the GOCC Governance Act of 2011 (Republic Act 10149), it looks like the merry ways of the fat cats in government-owned and -controlled corporations are over. Aimed at ...
GOCC means Government-owned and -controlled corporation. That ownership and/or control gives rise to proprietary rights, which include financial returns but, much more than these, the right to demand ...
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GOCC subsidies plunge 38.9% to P7.5B in November
GOVERNMENT-OWNED and controlled corporations (GOCCs) received P7.5 billion in budgetary support last month, data from the Bureau of the Treasury (BTr) showed, plunging by 38.9 percent from P12.2 ...
A “LEGACY legislation” as well as a “quantum leap for corporate governance in our GOCC system.” That was how Francis Lim, former president of the Philippine Stock Exchange, hailed Republic Act 10149, ...
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