BCDA contribution to AFP declines by 54% to P3.31B
THE Bases Conversion and Development Authority (BCDA) said its total contribution to the Armed Forces of the Philippines (AFP) was more than halved this year.
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THE Bases Conversion and Development Authority (BCDA) said its total contribution to the Armed Forces of the Philippines (AFP) was more than halved this year.
PRESIDENT Ferdinand R. Marcos Jr. announced on Monday that private money may be used for the proposed Maharlika Investment Fund (MIF), but gave assurances that safeguards will be in place so it cannot be used for money laundering.
The new chief of the Governance Commission for Government-Owned and Controlled Corporations (GCG) on Friday assured senators he will fast track the process of abolishing nonperforming state corporations despite a modest proposed budget of P245.7 million for 2023.
A lawmaker has called on the oversight body governing government-owned and -controlled corporations (GOCCs) to speed up performance review of these state companies.
THE national government has decided to place a cap on the honoraria and bonuses received by government-owned and -controlled corporations (GOCCs).
The Philippine Chamber of Commerce and Industry (PCCI) is urging the Duterte administration to fill in the vacant positions in government-owned and -controlled corporations (GOCCs) next year to ensure continuous government service.
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