Tag page - Catherine Fong

  With new privatization guidelines taking effect on Tuesday, March 11, the Department of Finance (DOF) expects private-sector interest in idle properties like the Mile Long lot in Makati City to raise additional government revenues. “There are parties who have expressed interest to submit...

The 2.2-hectare Mile Long property in Makati City will likely be up for grabs among three interested developers from the private sector, whose deep pockets would help fill government coffers sans new taxes during the Marcos Jr. administration, as promised by Finance Secretary Ralph G. Recto. The...

The Department of Finance (DOF) is offering the government’s remaining shares in NLEX Corp. to the public, which the Pangilinan group failed to acquire due to privatization rules. Finance Undersecretary Catherine L. Fong confirmed to Manila Bulletin that the government still holds 64,920 shares...

The Department of Finance (DOF) is considering selling the government's stake in the South Luzon Expressway (SLEX) by the end of this year. Finance Undersecretary Catherine L. Fong told Manila Bulletin that the government's ownership in SLEX is included among the assets slated for privatization in...