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                    [Title] => Excess, unused GOCC funds to cover salary hike, benefits of 1.8 million gov't workers
                    [Summary] => Close to two million government workers are expected to benefit from the unprogrammed appropriations that will be funded by the idle and unused funds of government-owned and controlled corporations.
                    [DatePublished] => 2024-08-22 17:56:00
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                    [Title] => Powering progress toward sustainable energy
                    [Summary] => As Filipinos anticipate the onset of the dry season, which is intensified by the ongoing El Niño, President Marcos has issued a crucial directive to all government entities, both at the national and local levels, emphasizing the imperative need for energy efficiency and conservation.
                    [DatePublished] => 2024-02-01 00:00:00
                    [ColumnID] => 136607
                    [Focus] => 1
                    [AuthorID] => 1807847
                    [AuthorName] => Joe Zaldarriaga
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                    [Title] => Government cuts subsidies to P9.4 billion in February
                    [Summary] => The government reduced its budgetary support to state-run firms by 26 percent to P9.4 billion in February, with the bulk of the subsidies meant to fund irrigation projects.
                    [DatePublished] => 2023-04-24 00:00:00
                    [ColumnID] => 0
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                    [AuthorID] => 1475310
                    [AuthorName] => Louise Maureen Simeon
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                    [Title] => Napocor gets entire subsidy allotment to GOCC in January
                    [Summary] => Budgetary support to state-run firms dropped by 60 percent to just P1.11 billion in January, with the entire amount going to the power sector.
                    [DatePublished] => 2023-04-03 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1475310
                    [AuthorName] => Louise Maureen Simeon
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                    [Title] => Northern Foods abolition underway
                    [Summary] => The Governance Commission for GOCCs said it has taken the necessary steps to abolish Northern Foods Corp. amid its non-performance and losses.
                    [DatePublished] => 2023-01-09 00:00:00
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                    [AuthorName] => Louise Maureen Simeon
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                    [Title] => Government cuts GOCC subsidies by half
                    [Summary] => The government reduced its budgetary support to state-run firms, cutting by 50 percent to just P6.2 billion in November last year, as overall spending was slashed during the period in review, according to the Bureau of the Treasury.
                    [DatePublished] => 2023-01-02 00:00:00
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                    [AuthorName] => Louise Maureen Simeon
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                    [Title] => Subsidies to GOCC down 82% in May
                    [Summary] => The government continues to trim its budgetary support to state-run firms, cutting it down by 82 percent to P7.9 billion in May, according to the Bureau of the Treasury.
                    [DatePublished] => 2022-07-05 00:00:00
                    [ColumnID] => 0
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                    [AuthorName] => Louise Maureen Simeon
                    [SectionName] => Business
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                    [Title] => GOCCs remit P58 billion to government in 2021
                    [Summary] => Government-owned and controlled corporations remitted P58 billion in dividends to state coffers last year, beating their pre-pandemic remittance of P53 billion, the Department of Finance reported yesterday.
                    [DatePublished] => 2022-03-29 00:00:00
                    [ColumnID] => 0
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                    [AuthorID] => 1807056
                    [AuthorName] => Elijah Felice Rosales
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                    [Title] => Subsidies to state firms cut by nearly half in November
                    [Summary] => The national government slashed its subsidies to state-run firms to P12.33 billion in November last year, as finances recover with lower demand for funding support.
                    [DatePublished] => 2022-01-10 00:00:00
                    [ColumnID] => 0
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                    [AuthorName] => Elijah Felice Rosales
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                    [Title] => Housing, agriculture agencies get bulk of government subsidies
                    [Summary] => Subsidies issued to state-run firms went up 28 percent to P9.16 billion in September, bulk of which were given to housing and agriculture agencies, including a restructuring insurer.
                    [DatePublished] => 2021-11-08 00:00:00
                    [ColumnID] => 0
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                    [AuthorID] => 1807056
                    [AuthorName] => Elijah Felice Rosales
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GOCCs

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                    [Title] => Excess, unused GOCC funds to cover salary hike, benefits of 1.8 million gov't workers
                    [Summary] => Close to two million government workers are expected to benefit from the unprogrammed appropriations that will be funded by the idle and unused funds of government-owned and controlled corporations.
                    [DatePublished] => 2024-08-22 17:56:00
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                    [Title] => Powering progress toward sustainable energy
                    [Summary] => As Filipinos anticipate the onset of the dry season, which is intensified by the ongoing El Niño, President Marcos has issued a crucial directive to all government entities, both at the national and local levels, emphasizing the imperative need for energy efficiency and conservation.
                    [DatePublished] => 2024-02-01 00:00:00
                    [ColumnID] => 136607
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                    [AuthorID] => 1807847
                    [AuthorName] => Joe Zaldarriaga
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                    [SectionUrl] => business
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                    [Title] => Government cuts subsidies to P9.4 billion in February
                    [Summary] => The government reduced its budgetary support to state-run firms by 26 percent to P9.4 billion in February, with the bulk of the subsidies meant to fund irrigation projects.
                    [DatePublished] => 2023-04-24 00:00:00
                    [ColumnID] => 0
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                    [AuthorID] => 1475310
                    [AuthorName] => Louise Maureen Simeon
                    [SectionName] => Business
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                    [Title] => Napocor gets entire subsidy allotment to GOCC in January
                    [Summary] => Budgetary support to state-run firms dropped by 60 percent to just P1.11 billion in January, with the entire amount going to the power sector.
                    [DatePublished] => 2023-04-03 00:00:00
                    [ColumnID] => 0
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                    [AuthorID] => 1475310
                    [AuthorName] => Louise Maureen Simeon
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                    [Title] => Northern Foods abolition underway
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                    [DatePublished] => 2023-01-09 00:00:00
                    [ColumnID] => 0
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                    [AuthorName] => Louise Maureen Simeon
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                    [Title] => Government cuts GOCC subsidies by half
                    [Summary] => The government reduced its budgetary support to state-run firms, cutting by 50 percent to just P6.2 billion in November last year, as overall spending was slashed during the period in review, according to the Bureau of the Treasury.
                    [DatePublished] => 2023-01-02 00:00:00
                    [ColumnID] => 0
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                    [AuthorName] => Louise Maureen Simeon
                    [SectionName] => Business
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                    [Title] => Subsidies to GOCC down 82% in May
                    [Summary] => The government continues to trim its budgetary support to state-run firms, cutting it down by 82 percent to P7.9 billion in May, according to the Bureau of the Treasury.
                    [DatePublished] => 2022-07-05 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1475310
                    [AuthorName] => Louise Maureen Simeon
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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                    [Title] => GOCCs remit P58 billion to government in 2021
                    [Summary] => Government-owned and controlled corporations remitted P58 billion in dividends to state coffers last year, beating their pre-pandemic remittance of P53 billion, the Department of Finance reported yesterday.
                    [DatePublished] => 2022-03-29 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1807056
                    [AuthorName] => Elijah Felice Rosales
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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                    [ArticleID] => 2152767
                    [Title] => Subsidies to state firms cut by nearly half in November
                    [Summary] => The national government slashed its subsidies to state-run firms to P12.33 billion in November last year, as finances recover with lower demand for funding support.
                    [DatePublished] => 2022-01-10 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1807056
                    [AuthorName] => Elijah Felice Rosales
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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                (
                    [ArticleID] => 2139651
                    [Title] => Housing, agriculture agencies get bulk of government subsidies
                    [Summary] => Subsidies issued to state-run firms went up 28 percent to P9.16 billion in September, bulk of which were given to housing and agriculture agencies, including a restructuring insurer.
                    [DatePublished] => 2021-11-08 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1807056
                    [AuthorName] => Elijah Felice Rosales
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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abtest

Excess, unused GOCC funds to cover salary hike, benefits of 1.8 million gov't workers

August 22, 2024 - 5:56pm

Close to two million government workers are expected to benefit from the unprogrammed appropriations that will be funded by the idle and unused funds of government-owned and controlled corporations.

Nation

Powering progress toward sustainable energy

By Joe Zaldarriaga | February 1, 2024 - 12:00am

As Filipinos anticipate the onset of the dry season, which is intensified by the ongoing El Niño, President Marcos has issued a crucial directive to all government entities, both at the national and local...

Business

Government cuts subsidies to P9.4 billion in February

By Louise Maureen Simeon | April 24, 2023 - 12:00am

The government reduced its budgetary support to state-run firms by 26 percent to P9.4 billion in February, with the bulk of...

Business

Napocor gets entire subsidy allotment to GOCC in January

By Louise Maureen Simeon | April 3, 2023 - 12:00am

Budgetary support to state-run firms dropped by 60 percent to just P1.11 billion in January, with the entire amount going to the power sector.

Business

Northern Foods abolition underway

By Louise Maureen Simeon | January 9, 2023 - 12:00am

The Governance Commission for GOCCs said it has taken the necessary steps to abolish Northern Foods Corp. amid its non-performance and losses.

Business

Government cuts GOCC subsidies by half

By Louise Maureen Simeon | January 2, 2023 - 12:00am

The government reduced its budgetary support to state-run firms, cutting by 50 percent to just P6.2 billion in November last year, as overall spending was slashed during the period in review, according to the Bureau...

Business

Subsidies to GOCC down 82% in May

By Louise Maureen Simeon | July 5, 2022 - 12:00am

The government continues to trim its budgetary support to state-run firms, cutting it down by 82 percent to P7.9 billion in May, according to the Bureau of the Treasury.

Business

GOCCs remit P58 billion to government in 2021

By Elijah Felice Rosales | March 29, 2022 - 12:00am

Government-owned and controlled corporations remitted P58 billion in dividends to state coffers last year, beating their pre-pandemic remittance of P53 billion, the Department of Finance reported yesterday.

Business

Subsidies to state firms cut by nearly half in November

By Elijah Felice Rosales | January 10, 2022 - 12:00am

The national government slashed its subsidies to state-run firms to P12.33 billion in November last year, as finances recover with lower demand for funding support.

Business

Housing, agriculture agencies get bulk of government subsidies

By Elijah Felice Rosales | November 8, 2021 - 12:00am

Subsidies issued to state-run firms went up 28 percent to P9.16 billion in September, bulk of which were given to housing and agriculture agencies, including a restructuring insurer.

Business