The national government increased subsidies to state-run corporations by nearly a fifth in the first quarter of the year, driven by aggressive funding injections for energy modernization and agricultural support. According to the latest data from the Bureau of the Treasury, total financial...
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...
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...