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 ...

Government-owned or controlled corporations have remitted more than P100 billion in dividends to the national government as ...

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 ...

Employees of government-owned and -controlled corporations (GOCC) may still have to wait a bit longer before their new standardized pay hike and benefits could take effect. On Tuesday, Malacañang said ...

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 ...

A day after President Benigno Aquino III approved an increase in the pay of government employees, Senate President Franklin Drilon on Saturday urged the former to authorize a hike in the salary of ...

Employees of state-owned firms on Sunday reiterated calls for the implementation of a wage and benefits package that President Rodrigo Duterte ordered suspended four years ago. The Kapisanan ng mga ...

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, ...

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 ...