Thursday, December 4, 2025
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Tag: GOCCs

PCSO named top-performing GOCC, receives multiple awards

The Philippine Charity Sweepstakes Office (PCSO) on Monday topped the Governance Commission for GOCCs (GCG) performance evaluation award, highlighting the agency’s superlative performance score...

DOF, DBM sign data-sharing pact to boost oversight of state firms

The Department of Finance (DOF), the Governance Commission for Government-Owned and Controlled Corporations (GCG), and the Department of Budget and Management (DBM) signed a...

Finance groups urge reform at GSIS after leadership dispute

A coalition of four prominent Philippine governance and finance organizations has expressed serious concern over recent leadership disputes at the Government Service Insurance System...

Return of P60 billion expands PhilHealth benefits

The return of P60 billion in unutilized funds to the Philippine Health Insurance Corp. (PhilHealth) strikes a balance between fiscal discipline and delivering stronger...

DOF lauds PAGCOR for P12.7-billion dividend remittance

The Philippine Amusement and Gaming Corp. (PAGCOR) received a certificate of recognition from the Department of Finance (DOF) for remitting P12.7 billion in dividends...

PEZA remits P1.38b to the Treasury

The Philippine Economic Zone Authority (PEZA) said it remitted P1.38 billion in dividends to the national government for fiscal year 2024, a move that...

Gov’t mulls ban on GOCCs investing in online gambling

The Department of Finance is considering a policy that would ban government-owned or -controlled corporations (GOCCs) from investing in online gambling firms. The proposed policy...

New SEC chair wants GOCCs to hold initial public offering

Newly-appointed Securities and Exchange Commission (SEC) Chairman Francis Lim plans to require profitable government-owned and -controlled corporations (GOCCs) to conduct initial public offerings (IPOs)...

SBMA chief submits courtesy resignation

A group identifying itself as “Subic Bay Freeport” on Facebook has called for the courtesy resignation of heads of government-owned and controlled corporations (GOCCs),...

PAGCOR chair, board tender resignation

Philippine Amusement and Gaming Corporation (PAGCOR) chairman and chief executive Alejandro Tengco and all members of the agency’s board of directors submitted their courtesy...

PBBM asks GOCC chiefs to resign

President Ferdinand R. Marcos Jr. has directed officials of government-owned and -controlled corporations (GOCCs) to submit their courtesy resignations, the Governance Commission for GOCCs...

PPA to remit P5.2b in dividends to govt

The Philippine Ports Authority (PPA) has once again surpassed its previous record in dividend remittance, with its board of directors approving a historic P5.20...

Pag-IBIG Fund named among GCG’s Top  Performing Government Firms for Good Governance 

Pag-IBIG Fund was recognized as one of the top performing government owned companies by the Governance Commission of GOCCs (GCG) in an  awards ceremony...

GOCCs received lower gov’t subsidies in first half—Treasury

Government-owned and controlled corporations (GOCCs) received lower subsidies from the national government in the first half of 2024, the Bureau of the Treasury said...
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