Tag: Land Bank of the Philippines
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GOCCs’ dividends reach P116.8 billion
MANILA – Government-owned and -controlled corporations (GOCCs) have remitted a whopping PHP116.84 billion in dividends to the National Treasury as of September this year, the Department of Finance (DOF) reported Tuesday during the 2025 GOCCs’ Day rites in Malacañang. The dividends came from 53 GOCCs, with 15 remitting at least PHP1 billion each. The Land…
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Dividends from GOCCs to surpass P100-B this year
MANILA – The Department of Finance (DOF) is confident that dividends from government-owned or -controlled corporations (GOCCs) this year will surpass over PHP100 billion collected in 2024. In a statement Wednesday, the DOF said that as of May 15 this year, dividend remittances from GOCCs already reached more than PHP76 billion. The amount was sourced…
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PBBM: GOCC’s remitted dividends to be utilized to improve Filipinos’ lives
MANILA — President Ferdinand R. Marcos Jr. assured the Government-Owned or -Controlled Corporations (GOCCs) that the dividends they remitted to the national government will be utilized to improve the lives of the people. The President attended the 2024 GOCCs’ Day at the Philippine International Convention Center (PICC) in Pasay City where he also led the…
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