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(UPDATE) AFTER 22 years and 28 management teams, 145 employees of the Intercontinental Broadcasting Corp. (IBC-13) finally received their retirement pay from the state-run media corporation, Malacañang said Saturday.
MANILA, Philippines: A total of 145 employees of the Intercontinental Broadcasting Corp. (IBC-13) finally received their retirement pay, over two decades after they left the state-run media corporation, Malacañang said Saturday.
The fate of the Intercontinental Broadcasting Corp. is bleak as the government-owned network may close down by January 2023 should Congress fail to provide it funding.