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In the Philippines, a government-owned and controlled corporation ( GOCC ), sometimes with an "and/or", [ 1] is a state-owned enterprise that conducts both commercial and non-commercial activity. Examples of the latter would be the Government Service Insurance System (GSIS), a social security system for government employees.
Philippine Aerospace Development Corporation. Philippine Amusement and Gaming Corporation. Philippine Charity Sweepstakes Office. Philippine Children's Medical Center. Philippine Coconut Authority. Philippine Economic Zone Authority. Philippine Guarantee Corporation. Philippine Health Insurance Corporation. Philippine Heart Center.
Location of the Philippines. The Philippines is a sovereign island country in Southeast Asia situated in the western Pacific Ocean. It is a founding member of the United Nations, World Trade Organization, Association of Southeast Asian Nations, the Asia-Pacific Economic Cooperation forum, and the East Asia Summit.
A number of GOCCs, especially those that were nationalized by president Ferdinand Marcos during his time as the leader of the Fourth Republic of the Philippines, were returned to the private sector by the end of the 20th and the beginning of the 21st century, as with Philippine Airlines (PAL), Philippine Long Distance Telephone Company (PLDT ...
During the administration of former Philippine president Ferdinand Marcos (1965–1986) select businesses were favored and patronized by Marcos, receiving financial support, sole patronage, tax exemptions, and control over entire industries rendering these businesses as monopolies. [1] [2] [3] Friends and relatives of Marcos acquired staggering ...
Website. www .phlpost .gov .ph. The Philippine Postal Corporation ( Filipino: Korporasyong Pangkoreo ng Pilipinas ), [ 3] abbreviated and stylized as PHLPost and also known as the Philippine Post Office, is a government-owned and controlled corporation under the Office of the President, responsible for providing postal services in the Philippines.
Cabinet of Rodrigo Duterte. Bongbong Marcos assumed office as the President of the Republic of the Philippines on June 30, 2022, and his term is expected to end on June 30, 2028. As the President, he has the authority to appoint members of his Cabinet, subject to the approval of the Commission on Appointments.
Rodrigo Duterte assumed office as President of the Philippines on June 30, 2016, and his term ended on June 30, 2022. On May 31, 2016, a few weeks before his presidential inauguration, Duterte named his Cabinet members, [8] which comprised a diverse selection of former military generals, childhood friends, classmates, and leftists. [9]