President Marcos has approved the salary increase of government-owned or -controlled corporations (GOCCs) employees. Marcos made the announcement in his speech during the celebration of GOCC day at the Malacañan Palace on Tuesday, Sept. 16. "I have approved the Compensation and Position...
The Governance Commission for Government Owned or Controlled Corporations (GCG) has secured an over ₱14-million funding from the Manila-based Asian Development Bank (ADB) to harmonize and digitize reporting among state corporations. In 2025, we are proud and honored to have created a partnership...
More executives from 78 government-owned and/or -controlled corporations (GOCCs) have turned in their resignation letters to the Palace, according to the Governance Commission for GOCCs’ (GCG) latest report as of June 4. Three more presidents and chief executive officers (CEOs) have submitted...
More than 200 executives from 69 government-owned and/or -controlled corporations (GOCCs) have so far tendered their courtesy resignations, according to the Governance Commission for GOCCs (GCG). As of June 3, the total number of GOCC officials who have submitted courtesy resignations to President...
Following the Cabinet reshuffle, 168 heads of government-owned and controlled corporations (GOCCs) have also been ordered by the President Ferdinand Marcos Jr. to file their courtesy resignations. According to a follow-up notice by the Governance Commission for GOCCs (GCG) issued on Wednesday, May...
The Governance Commission for GOCCs (GCG) has shuttered a government-owned and/or -controlled corporation (GOCC) established by former President Ferdinand E. Marcos Sr. to design an airplane—but which failed to do so in its 50 years of existence. In a memorandum order dated May 7, the GCG gave...
The Marcos administration’s subsidies to government-owned and/or -controlled corporations (GOCCs) increased by 15.3 percent to ₱22.6 billion in the first quarter of 2025 from ₱19.6 billion a year earlier. According to the latest data from the Bureau of the Treasury (BTr), the increase in...
Clark International Airport Corp. (CIAC) has remitted ₱282 million in dividends to the Bureau of the Treasury (BTr), its highest remittance to the national government yet. CIAC, the aviation and land development arm of the state-run Bases Conversion and Development Authority (BCDA), said these...
Bringing the compensation levels of employees and executives at government-owned and/or -controlled corporations (GOCCs) at par with their private-sector counterparts would help strengthen good governance and financial prudence at state-owned enterprises (SOEs) in the Philippines, according to the...
Transparency and accountability are two crucial elements necessary for good governance and public administration. Sad to state, these two principles are slowly fading away. This is why the move of the Governance Commission for GOCCs (GCG) to strengthen its policy on the protection of whistleblowers...
Whistleblowers within government-owned and -controlled corporations (GOCCs) are now protected from retaliatory acts under a new policy. Revisions have been made by the Governance Commission for GOCCs (GCG) on existing memorandum circulars (MCs) covering whistleblowers reporting illegal and...
President Marcos has authorized the reduction and condonation of real property taxes and penalties on power generation facilities of Independent Power Producers (IPPs) under build-operate-transfer contracts with Government-Owned-or-Controlled Corporations (GOCCs). (Noel Pabalate/MANILA BULLETIN)...
