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 ...

THE government’s subsidies to state-owned corporations plunged to P88.374 billion in the first 10 months of the year, according to the Bureau of the Treasury (BTr).  Latest BTr data showed that ...

MANILA, Philippines — Subsidies to government-owned and controlled corporations (GOCCs) grew eight-fold to more than P42 billion in August due to increased support for state-run health services. Based ...

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 ...

Fund won the Best Sustainability Initiatives Award at the 2025 Governance Commission for GOCCs (GCG) Awards ceremony held last week.

Conducting goals of care conversations (GOCC) with specialty palliative consults (SPC) was associated with lower cost-related outcomes for both patients and hospitals, according to a September study ...

Chairpersons, chief executive officers, and members of governing boards are asked to submit their courtesy resignations days after the Marcos Cabinet shake-up MANILA, Philippines – Just days after ...

The GOCC (government-owned and controlled corporation) Governance Act formally defines “Board of Directors/Trustees” as “the governing body that exercises the corporate powers of a GOCC.” Meanwhile, ...

MANILA, Philippines—The enactment of the GOCC (government owned and controlled corporations) Reform Act of 2011 will help the Aquino administration stem corruption and prevent abuses in the GOCCs, ...

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, ...

Finance Undersecretary Rolando Tungpalan (seventh from right) leads the opening of the Government-Owned or Controlled Corporations (GOCCs) Service Caravan ...

GOING into his third month in office, President Duterte has already named the members of his Cabinet and the heads of major government bureaus and offices. The President will be relying on them to ...