Unlike other agencies, the Bangko Sentral ng Pilipinas (BSP) is not required to turn over agricultural lands to the Department of Agrarian Reform for the Comprehensive Agrarian Reform Program (CARP), according to Justice Secretary Leila de Lima.
Philippine Charity Sweepstakes Office Chairperson Margarita Juico on Monday decried a Philippine Daily Inquirer report that said PCSO directors improperly received millions in benefits in 2010, saying that agency officials had sought and secured the President’s approval of its board members’ compensation package.
A bill that seeks to convert national government hospitals into government- owned and controlled corporations (GOCCs) has been filed in the Senate.
With 21 government-owned and -controlled corporations turning over P19.283 billion in dividend income to the national government, President Benigno Aquino III said his administration had been able to erase the GOCCs’ reputation as a milking cow of unscrupulous officials.
Camarines Sur’s Partido Development Administration (PDA), a government-owned and -controlled corporation (GOCC) hailed as a model for district development planning, is being replicated in other congressional districts because of its success story, according to Camarines Sur Representative Arnulfo Fuentebella.
MANILA, Philippines—A bill that seeks to stop the alleged excessive pays and other abuses in Government-Owned and Controlled Corporations (GOCCs) also known as the GOCC Government Act of 2011 has been ratified by the Senate. Once the bill is ratified in the House of Representatives, it can now be transmitted to President Benigno “Noynoy” Aquino [...]
