Senator Mark Villar has filed a measure calling on government financial institutions to implement loan moratoriums, grace periods and penalty condonation to help Filipinos cope with the rising costs of fuel. Villar filed Senate Resolution No. 366 urging government owned and controlled corporations...
The government’s coffers received a significant liquidity boost in the first two months of the year, as state-run entities remitted more than ₱90 billion in dividends, a critical buffer against global economic volatility. According to the latest Bureau of the Treasury data, the surge was...
Senator Rodante Marcoleta has raised concerns over the veto on several unprogrammed appropriation items in the General Appropriations Act (GAA), saying many of the items should not have been removed, particularly those originally proposed by the executive itself in the National Expenditure Program...
CANDON CITY, Ilocos Sur – The National Tobacco Administration (NTA) was eighth among the country’s top-performing Government-Owned and -Controlled Corporations (GOCCs) for 2024 after posting an overall score of 98.41 percent in the Governance Commission for GOCCs’ (GCG) Performance Evaluation...
President Marcos has issued Executive Order (EO) No. 95 establishing a new Compensation and Position Classification System II (CPCS II) for government-owned and -controlled corporations (GOCCs), replacing the previous framework issued in 2021. The EO, signed on Sept. 16, directs the Governance...
Lawyers of the Office of the Government Corporate Counsel (OGCC) can receive additional compensation from the state-owned Power Sector Assets and Liabilities Management (PSALM) Corporation for services rendered in handling current and future arbitration cases, the Department of Justice (DOJ) said....
Albay 2nd district Rep. Joey Salceda (Ellson Quismorio/ MANILA BULLETIN) Albay 2nd district Rep. Joey Salceda has told the Governance Commission on GOCCs (GCG) to update three-year-old salary schedule for employees of government...
Senator Sherwin Gatchalian on Sunday, August 18 said it is imperative for lawmakers to scrutinize carefully the additional subsidy being asked by the Philippine Health Insurance Corp. (PhilHealth). PhilHealth, the senator noted, is asking an additional subsidy of P70-billion for 2025...
Ako-Biicol Party-list Rep. Zaldy Co (Facebook) By ELLSON QUISMORIO The House Committee on Appropriations chairman has backed a move by the Department of Finance (DOF) to tap billions worth of unused funds from government-owned and controlled...
The national government slashed the amount of subsidy it extended to government-owned and controlled corporations (GOCCs) to around 18 percent last year, but bulk of it went to the Philippine Health Insurance Corp. (Philhealth). Financial support extended to the state-owned companies plunged to...
After a relentless two-year battle, health workers in Government-Owned and Controlled Corporations (GOCCs), the Philippine General Hospital (PGH), and the Department of Health (DOH)-retained health workers have triumphed in securing their long-overdue health emergency allowances (HEA) covering the...
The Bureau of the Treasury reported that state-run companies' financial independence strengthened in October this year, as the national government's subsidy to these corporations decreased. Based on the Treasury bureau’s report, the total subsidies granted to government owned and controlled...
