The Philippine Ports Authority ranked sixth among the country 's top-performing government-owned and controlled corporations (GOCCs) after remitting over P5.2 billion to the national government. The agency is consistently in the list of the top performing GOCCs and PPA General Manager Jay...
The Philippine Charity Sweepstakes Office (PCSO) led by its general manager, Mel Robles was recognzied on Wednesday, July 8 as one of the country 's top-performing Government-Owned and Controlled Corporations (GOCCs). This, after it earned a place among the Top 15 GOCC contributors for its...
President Marcos challenged government-owned or controlled corporations (GOCCs) to eliminate inefficiencies and continue modernizing their systems. In his speech during the 2026 GOCCs Day on Wednesday, July 8, Marcos encouraged them to never lose sight of the reason they exist—to serve the...
Dividends collected under President Ferdinand R. Marcos Jr.’s administration have already exceeded half a trillion pesos since mid-2022, 31.2 percent higher than those under the Duterte administration and dwarfing the collections of the two earlier administrations. A government document from...
The Organization for Economic Cooperation and Development (OECD) has flagged corruption as a major risk to Philippine infrastructure delivery, warning that the multibillion-peso flood-control corruption scandal show that current accountability safeguards remain insufficient to prevent the misuse of...
The Philippine Health Insurance Corporation (PhilHealth) said P60 billion has been returned to the state health insurer from the National Treasury, months after the transfer of the agency’s excess funds triggered controversy and legal challenges. In a statement released on Wednesday, May 6,...
The Governance Commission for Government-Owned or Controlled Corporations (GCG) has directed all state-run firms to implement necessary response measures to help mitigate the impact of the ongoing crisis. GCG “directs all concerned departments, agencies, offices and instrumentalities, including...
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...