MORE tourism stakeholders and island associations have come forward to signal their opposition to the creation of the Boracay Island Development Association (Bida) as a powerful government-owned and ...

Employees of government-owned and -controlled corporations (GOCC) may still have to wait a bit longer before their new standardized pay hike and benefits could take effect. On Tuesday, Malacañang said ...

DIVIDENDS remitted to the Treasury by government-owned or -controlled corporations (GOCCs) totaled P57.55 billion in 2021, exceeding the pre-pandemic performance of P52.59 billion posted in 2019, the ...

MANILA, Philippines—Dividends remitted by state-run corporations to the national treasury in 2021 reached P57.6 billion, almost a tenth bigger than the P52.6 billion collected in 2019 without the ...

With the government pushed to the limit given its limited resources, the COVID-19 crisis may claim another victim—the planned uniform and higher pay for employees of state-run corporations aimed at ...

MANILA, Philippines — Subsidies to government-owned and controlled corporations (GOCCs) grew eight-fold to more than P42 billion in August due to increased support for state-run health services. Based ...

State-run firms received more subsidies from the national government in May than a year ago, according to data from the Bureau of the Treasury, with the majority going to the Philippine Health ...

MANILA, Philippines — With only three months left in the year, dividends remitted by state-run firms to the government barely reached a third of what they contributed to national coffers in 2020.

CASH DIVIDENDS remitted by government-owned and -controlled corporations (GOCCs) to the National Government more than doubled to a record P157 billion last year as the government leaned on the sector ...

Rooted in humanity and anchored in service for progress, the Tourism Infrastructure and Enterprise Zone Authority (TIEZA) has ...