Tag: Philippine National Oil Company
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BCDA achieves highest-ever ranking as 6th top-performing GOCC
The Bases Conversion and Development Authority (BCDA) has emerged as the sixth top-performing government-owned and -controlled corporation (GOCC) in the country, achieving its highest-ever ranking to date following its record-high remittance amounting to Php5.33 billion this year. BCDA was among the state-owned corporations recognized during the GOCC day on 16 September 2025, which was led…
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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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