MANILA, Philippines — Dividends collected from state-run firms more than doubled to P375 billion under the Duterte administration, even surpassing the collections during the past two presidencies ...

DIVIDENDS remitted by state-run corporations to the national government in 2021 plunged by 57.4 percent to P57.55 billion from P135.08 billion in the previous year. The latest dividend remittances ...

MANILA, Philippines — A total of P116.84 billion has been remitted to the Bureau of the Treasury (BTr) as part of the national government’s revenue share from government-owned or controlled ...

MANILA, Philippines — The government collected more than P96 billion from state-run firms as of end-July, nearing the full year target amid the need for more revenues for the country’s development ...

MANILA, Philippines —Albay 1st District Rep. Edcel Lagman said President Ferdinand “Bongbong” Marcos Jr.’s opposition to using government-owned and controlled businesses (GOCCs) dividends for the ...

THE government has collected more than P100 billion in dividend remittances from state-run firms as of end-July, the Department of Finance (DOF) reported on Tuesday. Government-owned and-controlled ...

Finance Secretary Cesar V. Purisima has signed the revised implementing rules and regulations (IRR) on the Government- Owned and -Controlled Corporations (GOCC) Dividend Law. "Instituting good ...

DIVIDEND remittances from state-owned firms have ballooned to almost P89 billion just a little over four months into 2024, Finance Secretary Ralph Recto said on Monday. The government was said to have ...

The GOCC (government-owned and controlled corporation) Governance Act formally defines “Board of Directors/Trustees” as “the governing body that exercises the corporate powers of a GOCC.” Meanwhile, ...

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 ...