Saturday, May 9, 2026
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Tag: GOCCs

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...

DOF aims to tap unused funds of GOCCs for infra, social services

The Department of Finance (DOF) said Monday it plans to tap billions of pesos in unused and idle funds held by government-owned and controlled...

Revenue earners

President Marcos Jr. joins officials of Government-owned and -Controlled Corporations (GOCCs) in yesterday’s celebration of the 2024 GOCCs Day. The Department of Finance has...

Senate OKs Bulacan ecozone bill

SENATE Minority Leader Aquilino Pimentel III on Monday said the legislators should pay attention to the constitutional requirements meant to ensure that government-owned and...

GOCC dividends climbed 46% to P100b in 2023

The Department of Finance (DOF)’s privatization and corporate affairs group said Monday it collected P99.98 billion in dividends from government-owned or -controlled corporations (GOCCs)...

PCSO is best gov’t controlled firm for 2022, agency says

The Governance Commission for GOCCs (GCG) recently named the Philippine Charity Sweepstakes Office (PCSO) as one of the most improved and best-performing government-owned and...

SC spokesperson joins Executive Department as new Governance Commissioner

Supreme Court Assistant Court Administrator and Public Information Office chief Brian Keith Hosaka has been appointed as Commissioner of the Governance Commission for GOCCs...

Subsidies for GOCCs hit P7.38b

The national government’s subsidies for government-owned and controlled corporations (GOCCs) amounted to P7.38 billion in May. Data from the Bureau of the Treasury (BTr) showed...
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