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QUESTIONS & ANSWERS on the PRIVATIZATION OF THE INTERCONTINENTAL BROADCASTING CORPORATION (IBC-13)
POSTED LAST 25 Jan 2016 - 11:41 am

Q: Why should the State own a television broadcasting company? A: A state-owned broadcaster ensures supply of free-to-air broadcasting for the public regardless of ability or willingness to pay. It also ensures that the public is provided with welfare-enhancing programs balanced against programs …

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PRESIDENT AQUINO APPROVES PRIVATIZATION OF IBC-13
POSTED LAST 25 Jan 2016 - 11:41 am

President Benigno S. Aquino III has approved the privatization of Intercontinental Broadcasting Corporation (IBC-13) based on the recommendation of the Governance Commission for GOCCs (GCG). IBC-13 started out in 1960 as a private company known as Inter-Island Broadcasting Corp., and then was seq…

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BETTER GOVERNANCE IN GOCC SECTOR SEEN
POSTED LAST 25 Jan 2016 - 11:31 am

(released 25 November, 2015) Finance Secretary Cesar V. Purisima noted the improvements in the GOCC Sector four years into the GOCC Governance Act of 2011. Citing the improvements in the Sector in terms of setting performance standards and streamlining the number of GOCCs, Secretary Purisima cong…

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49 GOCCS REMIT P 36.85-B TO NATIONAL TREASURY
POSTED LAST 27 May 2015 - 04:36 pm

(released 13 May, 2015) Government-Owned or-Controlled Corporations (GOCCs) continue to post robust remittances to the national treasury according to the Governance Commission for GOCCs (GCG). The GOCC sector handed over checks totaling P36.85 billion to President Benigno S. Aquino III in a si…

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GOCC 2014 OPERATING SUBSIDIES AND PROGRAM FUNDS
POSTED LAST 27 Jan 2015 - 09:52 am

  See the complete details of the 2014 GOCC Operating Subsidies and Program Funds here.  

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