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To surpass last year’s gains from selling state assets, the Privatization and Management Office (PMO) is seeking to amend the guidelines of the Privatization Councils (PrC). Finance Undersecretary for Privatization and Corporate Affairs Catherine L. Fong told reporters last Tuesday the PMO targets to raise more than the P1.2 billion…
THE Privatization and Management Office (PMO) has earned P1.21 billion this year from the sale of government assets, surpassing its performance from 2018 to 2021, the Department of Finance (DOF) said. The DOF said the PMO has remitted P1.21 billion to the national treasury this year, “exceeding its target 84.6…
The value of the country’s metallic production continued its double-digit growth in the first quarter of the year, driven by bullish metal prices and the increase in the mine output of gold, silver, and copper, the Mines and Geosciences Bureau said.
The government is making progress in its efforts to privatize idle government-owned mining assets, saying the Basay mining project in Negros Oriental is now ready for public auction,