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GOCCs must remit 25% more dividends to national government

THE Department of Finance (DOF) has increased the mandated dividend remittance rate of government-owned and -controlled corporations (GOCCs) to the national treasury to at least 75 percent of their net earnings from the minimum 50 percent to improve non-tax revenue collections. Finance Secretary Ralph G. Recto told reporters in a…
Bureau Of Customs Department Of Finance Development Authority Philippine Ports Authority Clark Development Corp Gaming Corp Pagcor

DPWH completes buildings at DHVSU San Fernando

CITY OF SAN FERNANDO --- The Department of Public Works and Highways (DPWH) said it has completed two units of three-storey buildings with eight classrooms at the Don Honorio Ventura State University (DHVSU) City of San Fernando Satellite Campus. The DPWH said it has provided a more conducive learning environment to students with the construction of the school buildings. DPWH Regional Office 3 Director Roseller A. Tolentino, in a report to DPWH Secretary Manuel M. Bonoan and Undersecretary for C...
City Of San Fernando Davao City Rosellera Tolentino Robertor Bernardo Manuelm Bonoan Pampanga First District Engineering Office

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