Baguio to take over DA-run 'Maharlika'
The last surviving livelihood project developed by former first lady Imelda Marcos will be turned over to Baguio City in 2025
Source: inquirer.net
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GOCCs incur P691.76 billion losses in 2021 â€" COA
Government-owned and controlled corporations have incurred total losses amounting to P691.76 billion in 2021, an increase of 107.36 percent from 2020, according to the Commission on Audit latest report.
Source: philstar.com
Gov't-owned firms remit P160.62B to Treasury —DOF
By TED CORDERO, GMA News Published January 1, 2021 12:23pm Government-owned or -controlled corporations (GOCCs) remitted a total of P160.62 billion to the Bureau of the Treasury (BTr) as of December 15, 2020, according to the Department of Finance (DOF). In a statement, the DOF said the GOCCs’ remittances will help fund the government’s continuing efforts to curb the spread of COVID-19 and provide economic relief to pandemic-hit businesses and individuals. Of the P160.62-billion remitted to the Treasury, P133.50 billion represents the cash dividends from 55 GOCCs as mandated unde...
Source: gmanetwork.com