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 ...

MANILA, Philippines - Amid reports of hefty bonuses in state corporations, a bill was filed yesterday, seeking to limit the total amount of allowances, bonuses and incentives for officers of ...

THE Governance Commission for Government-Owned or -Controlled Corporations (GCG) said it released a new salary framework for employees of state-run firms to provide them cost-of-living relief. The ...

MANILA, Philippines — Higher remittances from government-owned or controlled corporations (GOCCs) will help cut the country’s borrowings and avoid the imposition of higher taxes, President Marcos said ...

On June 6, 2011, President Aquino signed into law Republic Act (RA) No. 10149, otherwise known as the GOCC Governance Act of 2011 (GOCC Act). The new law was crafted by Sen. Franklin M. Drilon ...

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 ...

SUBSIDIES extended to government-owned and -controlled corporations (GOCCs) rose 54.69% in March, according to the Bureau of the Treasury (BTr). The BTr reported that budgetary support to GOCCs ...

(UPDATE) PRESIDENT Ferdinand Marcos Jr. on Tuesday approved a salary increase and medical allowance for employees of government-owned or -controlled corporations (GOCCs). “In support of 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 — President Ferdinand Marcos Jr. approved the Compensation and Position Classification System (CPCS) II, which raises salaries for employees of government-owned or controlled ...

MANILA, Philippines – The Overseas Workers Welfare Administration (OWWA) said Thursday that the agency is not a government-owned and controlled corporation (GOCC) and that it had not given illegal ...

THE Bureau of Internal Revenue (BIR) said it amended the rules governing the issuance of tax clearance certificates as they relate to determining interim performance-based bonuses in government-owned ...